Summary Market Report for Emerald Isle and the Crystal Coast NC for July 2011

Emerald Isle had 17 closed residential properties in Archers Point, Pebble Beach, Dogwood Acres, Emerald Landing, Spinnakers Reach, Ocean Forest, The Sands, Columbus Square, Jefferson Place, Queens Court, Dolphin Ridge, Surf Side and five from unincorporated locations. The average sales price for the closed “homes for sale” in Emerald Isle in July of 2011 was $454,235, the low was $122,000 and the high was $1,400,000.

A total of 11 homes for sale went under pending status in July including Surf Side, Emerald Isle By The Bay (2), Spinnakers Reach (2), Surf Landing Cove, Ocean Crest, and six from unincorporated locations.

Four lands or lots for sale went under pending status in Emerald Isle in July. And two lands or lots for sale closed status in July in Emerald Isle.

The Swansboro, Cedar Point and Cape Carteret area had 11 sold properties in the following subdivisions: Hunting Bay, Star Hill (3), Marsh Harbour, Ivy Ridge, Bogue Bluff, Edgewater Height, Halls Creek North, Silver Creek and Swansboro. The average sales price for July in the area was $223,478, the low was $124,900 and the high was $398,000.

Lot and Land activity for the Swansboro, Cedar Point and Cape Carteret area in July 2011 reflected 2 closed sales. And no pending sale status in July in Swansboro, Cedar Point and Cape Carteret.

The Crystal Coast MLS residential sales for July 2011 came in at 124 closed properties and 127 homes for sale that went under contract for sale. The average price for the SOLD properties was $256,160, the low was $43,000 and the high was $1,400,000.

Land and Lots for sale in the Crystal Coast MLS showed 255 closed sales with an average price of $101,529, a low price of $5,000 and the high being $3,000,000. There were also 36 land or lots for sale that went under contract pending status in the MLS this month.